Markets Are Quiet. Many markets around the world remain closed to observe Easter Monday. And the ones that are open aren't doing much. Japan's Nikkei closed down a fraction of a percent. U.S. futures are modestly lower. European markets are closed.

Japan's Controversial Offering. Prime Minister Shinzo Abe made a ritual offering to Yasukuni Shrine, an act that is likely to anger China and Korea. The shrine honors 14 Japanese leaders who were convicted of war crimes.

Oscar Mayer Recall. Kraft Foods is recalling 96,000 pounds of Oscar Meyer wieners because of a labeling issue. The product labels do not reflect the ingredients associated with pasteurized cheese in cheese dogs.

NYT: GM Sidestepped Recalls. The New York Times has found evidence that for the better part of a decade GM did everything it could to avoid issuing recalls on vehicles now found to have been fatally faulty. Instead they relied mostly instead on a series of alerts.

Barclays' Commodities Unit. Barclays announced it had begun dismantling parts of its commodities unit, the latest megabank to do so in the face of unfavorable margins and strict regulations.

Insider Trading Convictions Endangered. An appeal on an insider trading case from 2012 could endanger convictions in a series of other similar cases. Two hedge fund managers argue they should not be responsible if they did not know a tip had been illicitly obtained.

WYNN earnings. The casino giant reports its financial results after the bell. Consensus is for $2.06/share.

See Also:

10 Things You Need To Know This Morning10 Things You Need To Know This Morning10 Things You Need To Know This Morning

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